Morning chart- TSLA falling!

Hello Everyone,

P&F chart of TSLA below shows it breaking it's latest congestion area to the downside. The 13/21 ma has crossed and price target looks to be around my original projection of 160 area from a head and shoulder pattern shown on a regular chart pre-earnings.

See article on the Benzinga site pre- earnings for article.

IV on long term options is low but TSLA options can be expensive as a liquid product . Options out longer term at April or June would be used for long term puts instead of stock.

Subscribers check website as there are some changes in the ETF model.

TSLA Chart:

Posted to Stock & Option Scout on Mar 10, 2015 — 8:03 AM

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